Source: Bloomberg, compile by Research and Data Department, SEC , Thailand (as of 6/2023) Average spread (bps.) ดว้ยวธิกีารศกึษา Exact matching และ Propensity score matching (PSM) Literature review SEC

relating to the amount of offering for sale, offering price of convertible bonds, and conversion price which shall specify the exact price or the highest exact discount; (c) market price used in comparison

and specifying exact time when the report would be able to be submitted. In case the SEC Office determines that such request is necessary and appropriate, the SEC Office may render a waiver for such

written form to the SEC Office before the expiration of the submission period by demonstrating reasons for request and specifying exact time when the report would be able to be submitted. In case the SEC

before the expiration of the submission period by demonstrating reasons for request and specifying exact time when the report would be able to be submitted. In case the SEC Office determines that such

this regard, as evidence that each and every page of the documents is of the exact documents to which I/we have certified, I/we have also signed my/our initial or signature on each and every page of the

(where applicable). In this regard, as evidence that each and every page of the documents is of the exact documents to which I/we have certified, I/we have also signed my/our initial or signature on each

รายตัว ที่มีคุณสมบัติเดียวกันหรือคล้ายคลึงกัน เพ่ือประเมินส่วนต่างอัตราผลตอบแทนทีเ่กิดขึ้น5 โดยการเปรียบเทียบอัตราผลตอบแทนด้วยวิธีนี้มี 2 แนวทาง คือ แนวทางที่ 1 Exact matching เป็นการประเมิน Greenium

investment in last year. The Company maintained healthy financial position and sturdy debt service capacity with interest-bearing debt-to-equity ratio of 0.56 times. 2019 Outlook Company maintains 2019 outlook

backlog was THB 16,745mn, decreasing by 6.9% as compared to the end of 2018 of THB 17,981mn. Although the JVs had sturdy sales in The Line Wongsawang, The Line Ratchathewi and The Line Phahonyothin Park